Welcome to This Week In Compliance: GAN’s weekly news roundup, where we curate the latest stories on compliance and anti-corruption to keep you informed. This week we cover the DOJ’s deepening probe into Deutsche Bank’s role in Danske Bank’s money laundering case. Keep reading for this breaking story and find more news below:

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Bloomberg reported this week that Ericsson AB, the telecommunications firm, is nearing a resolution of its long running U.S. corruption investigation.The deal is expected to involve penalties exceeding USD 1 billion.Bloomberg’s sources indicate that the agreement is imminent and could be announced as early as this week or next. Ericsson already reserved USD 1.2 billion to cover U.S. penalties over conduct in six countries where the company did business. Assistant Attorney General Brian Benczkowski said at a gathering this week that he expects the year to end with a total of USD 1.6 billion in FCPA recoveries; a penalty of about USD 1.2 billion for Ericsson would be consistent with those figures.